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Shares of Cognizant Technology Solutions Corp. (CTSH) inched 0.96% higher to $89.57 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.64% to 4,796.56 and the Dow Jones Industrial Average rising 0.68% to 36,585.06. The stock's rise snapped a two-day losing streak. Cognizant Technology Solutions Corp. closed $0.51 below its 52-week high ($90.08), which the company achieved on December 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Accenture PLC Cl A (ACN) fell 1.77% to $407.21, International Business Machines Corp. (IBM) rose 1.78% to $136.04, and Infosys Ltd. ADR (500209.BY) fell 0.20% to $25.26. Trading volume (2.6 M) remained 72,041 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2022.
(END) Dow Jones Newswires
January 03, 2022 16:47 ET (21:47 GMT)
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